| Most Homeowner’s companies provide limited
coverage for Property Damage for small boats, including canoes and
small sailboats or small powerboats with less than 25 hp. Liability
coverage may also be added, but must be requested.
Larger and faster boats, yachts, jet skis and wave runners require
a separate policy. This policy provides coverage for physical loss
or damage to the hull, machinery, fittings, furnishings and permanently
attached equipment, for an agreed value.
Coverage includes:
BODILY INJURY for injuries caused to another person.
PROPERTY DAMAGE for damage caused to someone else’s property.
GUEST PASSENGER LIABILITY for any legal expenses incurred by someone
using the boat with the owner’s permission.
MEDICAL PAYMENTS for injuries to the boat owner and other passengers.
THEFT.
Additional coverage can be purchased for trailers and other accessories.
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